Hints and tips:
...There are winning performances from Anna-Jane Casey as the golden-voiced Cilla (who announces her arrival by doing the splits), Genevieve Nicole as Camilla, Queen Consort, struggling to navigate doorways...
...Read more here from the FT's Nicole Bullock....
...its Galleria shopping centre in Houston, Texas, for example, the upscale sushi restaurant Nobu is replacing a Saks Fifth Avenue department store, while an Outback Steakhouse will fill the space where a Sears...
...Lists of the companies that occupy the lowest rating rungs compiled by both Moody’s and S&P have swelled and include well-known groups such as Sears, Getty Images, Advanced Micro Devices, California Pizza...
...When Todd Sears was an investment banker on Wall Street, all his clients wanted to know about was return on equity....
...On Wednesday, Moody’s lowered Sears’ credit rating from B1 to B3....
...In response to CIT’s move, Sears said “we disagree with their action” and played down its significance, noting that CIT’s payables represented less than 5 per cent of Sears’ inventories....
...However, that has been undermined by tax cuts for companies – including Sears, truckmaker Navistar and futures exchange CME Group – designed to prevent them moving to lower-tax states....
...Almost half of these stores are scheduled to be closed as part of the group’s restructuring plan that has already seen it leave Japan and northern Europe, and sell off the Nicole Farhi brand....
...Sears said its earnings fell 39 per cent in the first quarter year-on-year, which the retailer attributed to declining margins in appliances and other big-ticket items....
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